Updated: November 5, 2024
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For women in Columbus, Ohio, the best life insurance provider is Protective with a MoneyGeek score of 92 and an average monthly premium of $23. For men, the top provider is Mutual of Omaha with a MoneyGeek score of 91 and a monthly premium of $32.
Different factors should be considered when deciding on what type of life insurance to buy. These scores and premium costs are based on a 20-year term policy and $500,000 coverage. Your unique needs may mean a different company is best for you.
Why Trust MoneyGeek? We analyzed 1,488 life insurance quotes alongside customer satisfaction, financial stability reports, product offerings and more to determine the best life insurance companies in Columbus, Ohio.
Coverage costs and company information for life insurance providers were updated in October 2024.
BestLife InsuranceColumbus, OHBest Life Insurance Companies in Columbus
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the overall best life insurance companies:
This was done using the average profile with a 20-year term policy and $500K coverage.
Protective is the top provider for women in Columbus, with a MoneyGeek score of 92 out of 100 at $23 per month. For men, Mutual of Omaha leads with a MoneyGeek score of 91 out of 100 at $32 per month. Here are the top two providers for both men and women:
Top providers for men:
Top providers for women:
Mutual of Omaha offers strong financial stability and customer satisfaction, making it a reliable choice for men seeking life insurance in Columbus. Protective, with its competitive premium and high MoneyGeek score, stands out for women.
In Columbus, Protective stands out as the top life insurance provider for women, with a MoneyGeek score of 92 and an affordable monthly premium of $23. Mutual of Omaha holds the top spot for men, boasting a score of 91 and a monthly premium of $32. Both companies strongly commit to customer satisfaction and financial stability, ensuring reliable coverage for policyholders. Here are the pros and cons for each company based on MoneyGeek's criteria:
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Mutual of Omaha
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How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best term life insurance companies:
Quotes gathered were for a $250K life insurance policy with a 10-year term.
In Columbus, Mutual of Omaha and Protective stand out as the leading providers for the best term life insurance for men and women, respectively. Mutual of Omaha boasts a MoneyGeek score of 92 at $14 per month for men, while Protective leads for women with a score of 92 at $12 per month. These scores reflect a robust combination of customer satisfaction and affordability. The top companies for Columbus residents are as follows:
The top two term life insurance companies for men are:
For women, the top two are:
Term life insurance offers a death benefit over a specified term, making it a straightforward and often more affordable option than whole life insurance. For instance, a young professional might choose term life insurance to ensure financial support for their family during their working years without the commitment to a lifelong policy.
Mutual of Omaha stands out as the best term life insurance provider in Columbus for men, boasting a MoneyGeek score of 92. With an average monthly premium of $14, it offers a balance of cost and quality coverage. Men seeking reliable term life insurance need look no further for a financially stable option with high customer satisfaction.
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Protective stands out as the best term life insurance provider for women in Columbus, with a MoneyGeek score of 92. The company offers an average monthly premium at an affordable $12, making it a financially wise choice for term life insurance seekers. Women can benefit from Protective's commitment to customer satisfaction and financial stability, ensuring peace of mind in their insurance choice. Here are the specific advantages and disadvantages to consider for Protective:
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How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best whole life insurance companies:
We did not weigh affordability as we did not collect whole life insurance quotes. The company below has the highest score among the companies that offer whole life insurance policies based on a 20-year term at $500K coverage.
The Protective company stands out as the provider of the best whole life insurance in Columbus, with a MoneyGeek score of 92 for both men and women. This score reflects a combination of affordability, customer satisfaction, and financial stability, making Protective an excellent choice for individuals seeking reliable and comprehensive life insurance coverage. Here are the top performers for each category:
Top whole life companies for men in Columbus:
Top whole life companies for women in Columbus:
Whole life insurance provides lifelong coverage and a cash value component, which can be an attractive option for those seeking a stable and long-term investment. For example, someone looking to leave a financial legacy for their beneficiaries might choose whole life over term life insurance.
Protective emerges as the top choice for whole life insurance in Columbus, with a MoneyGeek score of 92 for both men and women. This score reflects the company's commitment to customer satisfaction and financial stability.
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Ensure you're getting the best rate for your life insurance. Compare quotes from top providers to find the most affordable life insurance coverage for your needs.
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best universal life insurance companies:
We did not weigh affordability as we did not collect universal life insurance quotes. The company below has the highest score among the companies that offer universal life insurance policies, over a 10-year term for $250K coverage.
In Columbus, Protective stands out as the provider with the best universal life insurance for both men and women, boasting a MoneyGeek score of 91. This score reflects a strong balance of affordability, customer satisfaction and financial stability, making Protective an excellent choice for individuals seeking a dependable insurance product. Here are the top-performing companies in Columbus, according to MoneyGeek scores:
Best universal life insurance for men:
Best universal life insurance for women:
Universal life insurance offers flexibility in premiums and death benefits, which can be appealing for those who desire long-term financial planning and the potential for cash value growth. For instance, a young professional might choose the best universal life insurance to secure a low-cost premium with the option to adjust coverage as their financial situation evolves over time.
In Columbus, Protective emerges as the standout provider for the best universal life insurance for both men and women, boasting a MoneyGeek Score of 91 for each. Recognized for its exceptional service, Protective ensures that customers' needs are met with a high degree of satisfaction and stability.
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How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best life insurance companies that don't require a medical exam:
We did not weigh affordability as we did not collect any insurance quotes for this category. The company below has the highest score among the companies that offer life insurance policies without mandatory medical exams, for a 10-year term with $250K coverage if the insuree was in poor health.
In Columbus, Protective offers the best life insurance without a medical exam for both men and women, with a MoneyGeek score of 91. This score indicates a robust offering that combines affordability, customer satisfaction and financial stability, making it an excellent choice for the average individual in the market for this type of insurance policy. The top MoneyGeek scores for this insurance are:
Best no-medical-exam life insurance for men:
Best life insurance for women that does not require a medical exam:
This type of life insurance does not require a medical examination for approval, offering a quicker and more convenient option for coverage. For instance, someone with a busy schedule or a dislike of medical appointments might choose this insurance to ensure they are covered without worrying about a traditional health assessment.
Protective emerges as the leading provider of no-medical-exam life insurance in Columbus for both men and women, boasting a MoneyGeek score of 91. Recognized for its high customer satisfaction and affordability, Protective stands out in the market.
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How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best term life insurance companies for seniors:
We derived quotes using a $250K life insurance policy with a 10-year term and adjusted the sample buyer's age to 70.
In Columbus, Mutual of Omaha stands out for men seeking the best term life insurance for seniors, with a MoneyGeek Score of 92 and an average monthly premium of $56. For women, Protective leads with a score of 92 and a monthly premium of $50.
Premiums for life insurance typically rise with age due to the increased risk insurers face. A higher MoneyGeek score reflects a company's strong performance across several metrics, indicating that Mutual of Omaha and Protective offer reliable value and customer satisfaction for their respective demographics.
| 1 | Mutual of Omaha | $56 | 92 |
| 2 | Protective | $65 | 91 |
| 3 | Nationwide | $55 | 91 |
| 4 | Transamerica | $65 | 87 |
| 5 | Prudential | $67 | 86 |
| 6 | Allstate | $83 | 85 |
| 7 | AAA | $93 | 85 |
| 8 | State Farm | $98 | 85 |
| 9 | Haven | $103 | 82 |
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best term life insurance companies for people who smoke:
We collected quotes using a $250K life insurance policy with a 10-year term and adjusted the sample buyer to reflect an active smoker.
For both men and women seeking the best term life insurance for smokers in Columbus, Mutual of Omaha stands out with a MoneyGeek score of 91 and an average monthly premium of $30 for men, and a score of 89 with a $28 premium for women. Smoking is a significant factor in determining life insurance premiums due to the associated health risks, leading to higher costs for smokers.
A high MoneyGeek score like Mutual of Omaha's indicates a strong balance of affordability, customer satisfaction, and financial stability. This score is particularly relevant for smokers, who may face higher premiums, as it suggests a more favorable cost-to-value ratio.
| 1 | Mutual of Omaha | $30 | 91 |
| 2 | Allstate | $27 | 89 |
| 3 | Nationwide | $36 | 89 |
| 4 | Transamerica | $26 | 88 |
| 5 | Protective | $44 | 88 |
| 6 | Prudential | $30 | 87 |
| 7 | State Farm | $42 | 86 |
| 8 | AAA | $55 | 85 |
| 9 | Haven | $53 | 83 |
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best term life insurance companies for young adults:
We collected quotes using a $250K life insurance policy with a 10-year term for a 20-year-old buyer.
For the best term life insurance for young adults in Columbus, Mutual of Omaha stands out for men with a MoneyGeek score of 92 and an average monthly premium of $9. For women, Protective leads with a MoneyGeek score of 92 and a monthly premium of $7. Age is a crucial factor in determining life insurance premiums, with younger individuals typically enjoying lower rates.
This is because younger adults are generally healthier and pose a lower risk to insurers. Mutual of Omaha and Protective both excel in affordability, customer satisfaction, and financial stability, contributing to their high MoneyGeek scores. If you're looking for the best term life insurance for young adults in Columbus, these companies offer excellent options based on comprehensive evaluations.
| 1 | Mutual of Omaha | $9 | 92 |
| 2 | Protective | $9 | 92 |
| 3 | Nationwide | $10 | 90 |
| 4 | AAA | $14 | 88 |
| 5 | Transamerica | $10 | 88 |
| 6 | Allstate | $15 | 86 |
| 7 | State Farm | $16 | 86 |
| 8 | Haven | $11 | 86 |
| 9 | Prudential | $13 | 86 |
| 10 | Bestow | $27 | 83 |
How was this MoneyGeek score calculated?
MoneyGeek used the following weights to score and rank the best cheap term life insurance companies:
We adjusted the weighting to favor affordability for a $250K life insurance policy with a 10-year term.
For those seeking the best cheap term life insurance in Columbus, Mutual of Omaha stands out for men with a MoneyGeek score of 92 and an average monthly premium of $14, while Protective tops the list for women with a MoneyGeek score of 92 and a monthly premium of $12. Various factors impact life insurance premiums, including age, health and coverage amount.
To get the lowest premiums, maintain a healthy lifestyle, avoid tobacco, and choose the right coverage amount. Mutual of Omaha and Protective are excellent choices for anyone looking for the best cheap term life insurance in Columbus.
| 1 | Mutual of Omaha | $14 | 92 |
| 2 | Nationwide | $15 | 92 |
| 3 | Protective | $15 | 91 |
| 4 | Transamerica | $16 | 89 |
| 5 | Prudential | $20 | 85 |
| 6 | Allstate | $24 | 85 |
| 7 | Haven | $20 | 84 |
| 8 | AAA | $23 | 84 |
| 9 | State Farm | $26 | 82 |
The average monthly cost of term life insurance in Columbus is $29 for men and $24 for women. Many factors influence life insurance premiums. These include age, health, lifestyle, occupation, the amount of coverage and the length of the term. Insurers assess these factors to determine the risk associated with providing coverage.
Life insurance costs in Columbus may differ from the rest of Ohio due to various local factors. Health trends, economic conditions, and specific risk factors unique to the area can impact premium costs. Additionally, competition among insurers in Columbus can affect pricing, leading to variations compared to other regions in the state.
Mutual of Omaha has the best life insurance for men in Columbus. This conclusion is based on their MoneyGeek score of 91, which is the highest among the companies evaluated.
The monthly premium cost for the best life insurance for men in Columbus, offered by Mutual of Omaha, is $32. This cost reflects the high-quality coverage and benefits provided by the company.
Protective offers the best life insurance for women in Columbus. Their MoneyGeek score of 92 is the highest among the evaluated companies, making them the top choice for women.
The monthly premium cost for the best life insurance for women in Columbus, provided by Protective, is $23. This affordable rate ensures comprehensive coverage and peace of mind for women.
Life insurance in Columbus may differ from the rest of Ohio in terms of premium costs and available coverage options. For example, the best life insurance for men in Columbus costs $32 monthly, while in other parts of Ohio, it might vary. Additionally, the companies offering top-rated policies may differ, reflecting regional variations in customer satisfaction and financial stability.
If a life insurance company goes bankrupt in Columbus, the Ohio Life and Health Insurance Guaranty Association steps in. This organization protects policyholders by covering claims up to certain limits. It's important to review your policy and understand the protections offered by the guaranty association to ensure your coverage remains secure.
Columbus residents might need life insurance to provide financial security for their families. For example, life insurance can cover funeral expenses, pay off debts, and replace lost income. It also helps ensure that dependents are taken care of in the event of an unexpected death, providing peace of mind for policyholders.
To find a lost life insurance policy in Columbus, start by checking through personal records and contacting the deceased's financial advisors. You can also reach out to the Ohio Department of Insurance or use online tools like the National Association of Insurance Commissioners' Life Insurance Policy Locator. These resources can help you locate and claim any unclaimed policies.
About Mark Fitzpatrick
Mark Fitzpatrick is a Licensed Property and Casualty Insurance Producer and MoneyGeek's Head of Insurance. He has analyzed the insurance market for over five years, conducting original research and creating personalized content for every kind of buyer. He has been quoted in several insurance-related publications, including CNBC, NBC News and Mashable.
Fitzpatrick earned a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He is passionate about using his knowledge of economics and insurance to bring transparency around financial topics and help others feel confident in their money moves.
